The Relationship Between Lobbying, Businesses And Political Decisions Essay

The Relationship Between Lobbying, Businesses And Political Decisions - Essay Example This research will begin with the statement that lobbying is the process of trying to influence the decisions made by an administration, for example, the government especially the members of legislative assemblies of regulatory agencies. Economic lobbyists represent, educate and advocate on the behalf of their business clients’ interests. Politics and economics affect each other in complex sometimes inexplicable ways. The aim is to make the people in the administrative capacity to look favorably on the side of the business. Politics and economics are tied together with some scholars even arguing that politics is merely an extension of economics. Political economists strongly speak out on the proactive position of governments in economic policy and for their ability to regulate the business cycle. Regulation of the business cycle involves putting in place fiscal and monetary measures in order to mitigate or avoid adverse effects of economic depressions and recessions. These mea sures also pertain to economic policies such as taxation, economic barriers, price fixation et cetera. The aim of the economic lobbyists is to make sure that the policies the government makes favor them and provide a conducive business environment for the success of their businesses. The lobbying involves delivery of data or opinions to a government decision maker at local or national level. They do this by presenting the interest of their company or client in the context of public interests.